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Does this really makes us HTFers a bunch of elitists that happily lap up the newest formats?
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Not so much elitist as more inclined to check out new AV technology than your average consumer. Whether that's a good thing or not depends on your attitudes and the state of your wallet.
The Pink Floyd newsgroup has been getting a lot of this kind of confused posts since the SACD was released. Some of the regular posters there try to be understanding and helpful, but it can get frustrating, especially when you consider that someone with enough Net savvy to get onto Usenet should also be able to find a reliable Web site or discussion forum if they wanted info. For some reason, a great many people have gotten it into their heads that the stereo SACD layer is a remix and are busy passing on this misinformation. Then there are the ones who listened to the disc on a system that was incorrectly set up, heard some anomalies and, instead of checking their settings, immediately go on a public forum with messages like "The saxophone sounds muted like it's coming from miles away, and some instruments are completely missing -- how could such a major reissue have come out like this with no one noticing?"
Ultimately, it's up to the recording industry and equipment manufacturers to make it easier for the average consumer to figure out these newfangled technologies if they want them to sell. But it seems they're too busy worrying about proprietary formats and copy protection to notice.